Amazon Audible layoff follows job cuts to company’s Prime Video, MGM and Twitch divisions – Daily News

on Jan12
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By HALELUYA HADERO | AP Business Writer

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce, marking the third round of job cuts at the e-commerce giant’s businesses this week as the technology industry continues to shed roles in the new year.

In a memo sent to employees Thursday, Audible CEO Bob Carrigan said the company is in good shape, but faces an “increasingly challenging landscape.”

“We did not take this route without considerable thought,” Carrigan said. “But getting leaner and more efficient is the way we will need to operate now — and in the foreseeable future — in order to continue delivering best-in-class audio storytelling to our customers around the world.”

A spokesperson for Audible declined to provide the number of employees who will be affected by the cuts.

MORE TECH TROUBLE: Google lays off hundreds in hardware, voice assistant teams

The layoffs at Audible follow others announced this week in Amazon’s Prime Video and MGM Studios unit, which is trimming hundreds of employees from its payroll as it cuts back in areas that are not delivering. Earlier this week, Amazon-owned streaming platform Twitch also said it was cutting more than 500 jobs in a bid to save on costs and become more profitable.



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